TJX Sales Jump 10%
Continuing its upward climb and beating the company's own expectations, Framingham-based retail giant TJX Cos. Inc. reported August sales that were up 10 percent over the same month last year, to $1.9 billion.
The company, which owns T.J. Maxx, Marshalls and HomeGoods, said its sales for the past 30 weeks, through Aug. 25, hit $13.6 billion, also up 10 percent over $12.4 billion in sales it had in the same period last year.
Same-store sales were also up 8 percent over last year for both the month and year through Aug. 25.
CEO Carol Meyrowitz said the company's expectations for the year increased again, following the solid month. She said TJX expects earnings per share for the third quarter of fiscal year 2013 to be near the high end of the previously estimated range of 56 cents to 59 cents per share.
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